Motorola Solutions (NYSE:MSI) SVP James Niewiara Sells 2,086 Shares of Stock

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 2,086 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $522.35, for a total value of $1,089,622.10. Following the sale, the senior vice president owned 18,398 shares in the company, valued at approximately $9,610,195.30. This trade represents a 10.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Motorola Solutions Price Performance

NYSE:MSI opened at $526.89 on Wednesday. The firm has a market capitalization of $87.11 billion, a price-to-earnings ratio of 42.39, a PEG ratio of 2.87 and a beta of 0.86. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.10 and a quick ratio of 0.85. The business has a 50 day simple moving average of $469.63 and a 200-day simple moving average of $443.19. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $548.28.

Motorola Solutions (NYSE:MSI) last released its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the previous year, the company posted $4.06 EPS. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities analysts forecast that Motorola Solutions, Inc. will post 15.91 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Motorola Solutions’s payout ratio is 38.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Truist Financial upped their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. Bank of America reiterated a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Northcoast Research increased their price target on Motorola Solutions from $510.00 to $525.00 in a research report on Thursday, August 27th. Morgan Stanley restated an “overweight” rating and set a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. Finally, Evercore raised their price target on Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $545.70.

Institutional Investors Weigh In On Motorola Solutions

Hedge funds have recently modified their holdings of the business. Valmark Advisers Inc. boosted its stake in shares of Motorola Solutions by 1.7% during the third quarter. Valmark Advisers Inc. now owns 1,177 shares of the communications equipment provider’s stock valued at $525,000 after purchasing an additional 20 shares in the last quarter. Atticus Wealth Management LLC increased its holdings in Motorola Solutions by 3.6% during the third quarter. Atticus Wealth Management LLC now owns 632 shares of the communications equipment provider’s stock valued at $282,000 after buying an additional 22 shares during the period. Guidance Capital Inc. raised its stake in Motorola Solutions by 0.7% in the third quarter. Guidance Capital Inc. now owns 3,235 shares of the communications equipment provider’s stock worth $1,576,000 after buying an additional 22 shares in the last quarter. Ausdal Financial Partners Inc. raised its stake in Motorola Solutions by 3.0% in the second quarter. Ausdal Financial Partners Inc. now owns 780 shares of the communications equipment provider’s stock worth $324,000 after buying an additional 23 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in Motorola Solutions by 0.8% in the third quarter. Hantz Financial Services Inc. now owns 2,779 shares of the communications equipment provider’s stock worth $1,239,000 after buying an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions News Roundup

Here are the key news stories impacting Motorola Solutions this week:

• Positive Sentiment: Motorola Solutions beat Q3 earnings expectations, raised its guidance and reported a record backlog. Its shares gained roughly 7% following the results, contrasting with a sharp post-earnings decline for competitor Axon. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
• Negative Sentiment: Several senior leaders reported selling shares in transactions on November 6 and 9. CEO Gregory Brown sold about 70,800 shares, while the CFO, COO and multiple senior vice presidents also reported sales—about 141,000 shares combined. Such sizable insider selling can concern investors, though the filings alone do not establish the reason for the sales. CEO Form 4 filing CFO Form 4 filing COO Form 4 filing

About Motorola Solutions

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.